One fallout from the pandemic and the inflation that followed has been a dramatic decrease in the number of late-model vehicles available for under $20,000, according to a new study from iSeeCars, an online vehicle marketplace.
Back in 2019, nearly half of all late-model used vehicles, defined as those under five years old, could be purchased for under $20,000. But this year, only 12.4% fell under that price point, according to the study.
And for those with only $15,000 to spend,…
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